I need some advice about investing but am not sure where to turn. I am a US expat with offshore savings and looking for some place to grow this money. A local adviser wants 3% upfront plus 1.4% annual for his assistance, but that seems somewhat steep given that most actively managed portfolios rarely exceed market returns.

If I repatriate this cash and put it into some index funds, will I be socked for taxes?

Wed Mar 02, 2016 5:31 am

oldguySenior Member

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quote: will I be socked for taxes?

It depends on what country you are moving the money to. Or, you can invest the money in an index fund at its current location - no move, no taxation.

Wed Mar 02, 2016 3:24 pm

MajorityNew Poster

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To the US.

Wed Mar 02, 2016 5:04 pm

LetsGetRichNew Member

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Lets Get Rich

Hello, my names Ronald but the name of my blog is Lets Get Rich. I talk about all sorts of stuff that will make people money in my youtube videos. Basically I want to get really rich and talk about what I'm doing and all the steps I'm taking along the way. If somebody was to keep current on my videos in theory they would be able to get rich with me.